USD/JPY continues to edge higher as yen bias stays bearish amid negative macro backdrop
USD/JPY — All Desk Targets
| Firm | Stance | YE 2027 |
|---|---|---|
Goldman Sachs | Bearish | 165.00 |
UOB | Bearish | 163.00 |
Citi | Bearish | 163.00 |
From the original
FUNDAMENTAL OVERVIEW USD: The US dollar came under a little bit of pressure yesterday following claims from Al-Arabiya that a US-Iran draft agreement has been reached. It was expected to be announced in a few hours, yet here we are with still nothing concrete from either side and